Of Prada’s four major markets, Asia-Pacific was the only one that saw sales contract for the six month period ended in June. Photo: Bloomberg

Prada profit surges in first half, as tax benefit helps overcome Asia sales slowdown

  • The luxury brand reported net income for the six-month period of 154.89 million euros (US$171.31 million), beating the average forecast of 108.9 million euros among analysts polled by Bloomberg
  • Revenue totalled 1.57 billion euros, up 2.3 per cent from 1.54 billion euros a year earlier, matching analyst expectations
Topic |   Hong Kong company reporting season

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Of Prada’s four major markets, Asia-Pacific was the only one that saw sales contract for the six month period ended in June. Photo: Bloomberg
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